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OKH Global 3Q losses narrow to $3.6 mil despite lower revenue

Stanislaus Jude Chan
Stanislaus Jude Chan • 1 min read
OKH Global 3Q losses narrow to $3.6 mil despite lower revenue
SINGAPORE (May 10): OKH Global reported 3Q ended March losses narrowed 85.7% to $3.6 millio from a year ago. This came on the back of lower general and administrative expenses.
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SINGAPORE (May 10): OKH Global reported 3Q ended March losses narrowed 85.7% to $3.6 millio from a year ago. This came on the back of lower general and administrative expenses.

3Q18 revenue plunged 93.8% to $6.6 million, from $107.9 million a year ago.

The lower revenue was attributed largely to the group’s development project, ACE @ Buroh, which obtained its temporary occupancy permit (TOP) in 3Q last year.

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